Land for Auction Shankavaram Kakinada 32.5 Lakh by Union Bank of India 12 Jun 2026
Shankavaram, Kakinada
Area: 0.90 Acres
R.S.No. 151, Kathipudi village and Panchayati, Shankavaram Mandal, Prathipadu SRO Limits of Kakinada District
Union Bank of India · ASSET RECOVERY BRANCH, VISAKHAPATNAM
Reserve price
₹32,50,000
EMD ₹3,25,000
Auction date
12 Jun 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 0.90 Acres
- ▸Locality: Shankavaram
- ▸Reserve: ₹32,50,000
- ▸EMD: ₹3,25,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Shankavaram |
| Built-up / plot area | 0.90 Acres |
| Lender | Union Bank of India |
| Branch | ASSET RECOVERY BRANCH, VISAKHAPATNAM |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Land bank auction in Shankavaram, Kakinada by Union Bank of India — reserve price ₹32,50,000, 0.90 Acres, Symbolic possession.
Bank auction property: Vacant residential land spanning 0.90 acres (4356.00 Sq. Yds) in Shankavaram, Kakinada, Andhra Pradesh. The land, located in R.S.No. 151 of Kathipudi village, Shankavaram Mandal, is offered with a reserve price of ₹3250000. The EMD is ₹325000. The property is bounded by a road on the East, property of Mrs. Kaliboina Subhadra and Mr. Nemala Apparao on the West, land of others on the North, and land of Mr. Nemala Apparao on the South. Seize this opportunity to acquire land in Kakinada through a bank auction.
GeoSquare note: The property is a vacant residential land located in Shankavaram, Kakinada with symbolic posession status. With a reserve price of ₹3250000, this property could be a fair investment option considering its location. The symbolic possession adds a layer of complexity that investors should consider.
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